What Do Endogenous Growth Models Contribute?

Endogenous growth theory is one of the mainstream economics approaches to modelling economic growth. This paper provides a non-technical overview of some key strands of the endogenous growth theory (EGT) literature, providing references to key articles and texts. The intended audience is policy analysts who want to understand the intuition behind EGT models. The paper should be accessible to someone without much economics training.

[1]  D. Ricardo On the Principles of Political Economy and Taxation , 1891 .

[2]  Jonathan R.W. Temple,et al.  The New Growth Evidence , 1999 .

[3]  M. Lessnoff Capitalism, Socialism and Democracy , 1979 .

[4]  Howard Pack Endogenous Growth Theory: Intellectual Appeal and Empirical Shortcomings , 1994 .

[5]  Arthur Grimes,et al.  Land Taxes and Revenue Needs as Communities Grow and Decline: Evidence from New Zealand , 2004 .

[6]  Elhanan Helpman,et al.  Endogenous Innovation in the Theory of Growth , 1993 .

[7]  Suzi Kerr,et al.  Migration and the Environment in the Galapagos: An Analysis of Economic and Policy Incentives Driving Migration, Potential Impacts from Migration Control, and Potential Policies to Reduce Migration Pressure , 2004 .

[8]  Arthur Grimes,et al.  Housing and Economic Adjustment , 2003 .

[9]  Suzi Kerr,et al.  Joint Implementation in Climate Change Policy , 2003 .

[10]  G. Grossman,et al.  Innovation and growth in the global economy , 1993 .

[11]  Charles I. Jones,et al.  R & D-Based Models of Economic Growth , 1995, Journal of Political Economy.

[12]  C. I. Jones,et al.  Too Much of a Good Thing? The Economics of Investment in R&D , 1999 .

[13]  David C. Maré,et al.  Understanding New Zealand's Changing Income Distribution, 1983-1998: A Semi-Parametric Analysis , 2003 .

[14]  Viv Hall,et al.  Would Adopting the Us Dollar Have Led to Improved Inflation, Output and Trade Balances for New Zealand in the 1990s? , 2003 .

[15]  Arthur Grimes,et al.  Economic growth and the size & structure of government: Implications for New Zealand , 2003 .

[16]  John Rae on the Causes of Invention , 1996 .

[17]  S. Fischer,et al.  Lectures on Macroeconomics , 1972 .

[18]  Alwyn Young A Tale of Two Cities: Factor Accumulation and Technical Change in Hong Kong and Singapore , 1992, NBER macroeconomics annual.

[19]  Robert M. Solow,et al.  Perspectives on Growth Theory , 1994 .

[20]  P. Romer Endogenous Technological Change , 1989, Journal of Political Economy.

[21]  Alwyn Young,et al.  The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience , 1994 .

[22]  E. Cannan,et al.  The Origin of the Law of Diminishing Returns, 1813-1815 , 1892 .

[23]  A. Dixit,et al.  Monopolistic competition and optimum product diversity , 1977 .

[24]  Charles I. Jones,et al.  Growth: With or Without Scale Effects? , 1999 .

[25]  John Gibson Do Lower Expected Wage Benefits Explain Ethnic Gaps in Job-Related Training? Evidence from New Zealand , 2003 .

[26]  David C. Maré,et al.  Movements into and Out of Child Poverty in New Zealand: Results from the Linked Income Supplement , 2003 .

[27]  Suzi Kerr,et al.  Allocating Risks in a Domestic Greenhouse Gas Trading System , 2003 .

[28]  F. E. Principles of Economics , 1890, Nature.